Bitcoin Bettors Push Kalshi and Polymarket to a Record $2.7B Week
Crypto contracts on Kalshi and Polymarket hit a record $2.7 billion in weekly volume, driven mostly by short-term bets on where bitcoin heads next.
A change to Bitcoin Core’s security policy makes rapid patch releases the priority when keeping a vulnerability secret offers little protection.
Bitcoin is approaching a make-or-break weekend. After failing to hold $83,000, the cryptocurrency is now facing a more uncomfortable level at $80,000. Analyst Benjamin Cowen warns that a weekly close below $83,000 on October 25 would strengthen his bearish outlook for the rest of 2026.
October 24, 2026, 11:05 amBitcoin closed a daily candle below its 50-day moving average for the first time since August, as $318 million in long bets were wiped out in a single day. The Line That Broke For roughly two months, bitcoin’s 50-day moving average (MA) acted like a floor where every dip toward it got bought.
October 24, 2026, 10:30 amCrypto contracts on Kalshi and Polymarket hit a record $2.7 billion in weekly volume, driven mostly by short-term bets on where bitcoin heads next.
Bitdeer says its September Bitcoin production reached 1,355 BTC, highlighting the miner’s expanding hash rate alongside separate data-center and AI-service plans.
Ethereum whales turn bullish as ETH/BTC mirrors its 2021 setup.
NIP Group has agreed to purchase already deployed Bitcoin mining machines with about 4.47 EH/s of hash rate, subject to closing and share consideration.
Byron Donalds wants governments to hold bitcoin, opposes a Federal Reserve-issued digital currency, and doubts federal agencies can keep pace with the markets they oversee. In an Oct. 17, 2026, interview with Bitcoin.com News, the Florida congressman and gubernatorial candidate discussed strategic reserves, his race against former rep.
Switzerland’s FINMA has authorized a Bitcoin ETF structured as a Swiss-law public investment fund; the approval differs from older exchange-traded crypto products already sold in Europe.
Speculators' net long positions in Bitcoin futures suggest cautious optimism, reflecting potential hedging strategies amid market uncertainties.
Franklin Templeton's ETFs could drive mainstream Bitcoin adoption, blending traditional equities with crypto, impacting investment strategies.
CMCC Global is bringing two existing fund strategies into tokenized securities issued through Tether’s Hadron infrastructure and Bitfinex Securities under El Salvador’s rules.